India-Norway agree to strengthen cooperation across renewable energy, AI, Arctic

India and Norway held their 12th round of Foreign Office Consultations in Oslo on Monday The discussions centred on deepening cooperation across various areas including the blue economy circular economy energy and artificial intelligenceSharing the details in a post on X the Ministry of External Affairs MEA noted that the consultations were cochaired by Secretary West Sibi George and Secretary General Torgeir Larsen of Norways Ministry of Foreign Affairs They reviewed the entire gamut of bilateral cooperation and agreed to strengthen it further in the areas of political engagements trade amp investment blue economy circular economy renewable energy education science amp technology AI space and the Arctic The sides also exchanged views on regional and global issues of mutual interestThe post further said IndiaEFTATEPA will drive the IndiaNorway trade technology and investment partnership India considers Norway a valued partner in the Nordic region12th Foreign Office Consultations held in Oslo todayCochaired by Secretary West AmbSibiGeorge and Secretary General Torgeir Larsen of NorwayMFAThey reviewed the entire gamut of bilateral cooperation and agreed to strengthen it further in the areas of politicalhellip pictwittercomUwXHZpn3pYmdash Randhir Jaiswal MEAIndia February 2 2026In another post on X MEA Spokesperson Randhir Jaiswal said that during the visit to Oslo Secretary West held a productive meeting with State Secretary Norwegian Ministry of Trade and Industry Ragnhild Sjoner Syrstad They discussed deepening economic ties after the implementation of IndiaEFTATEPA They also discussed boosting investments in green and blue tech sectorsDuring the visit to Oslo Secretary West AmbSibiGeorge held a productive meeting with State Secretary Norwegian Ministry of Trade and Industry Ms Ragnhild Sjoner SyrstadThey discussed deepening economic ties after the implementation of IndiaEFTATEPA They alsohellip pictwittercom7vsxpk1O6Xmdash Randhir Jaiswal MEAIndia February 2 2026Earlier on January 29 in an interview with ANI Norways Ambassador to India MayElin Stener welcomed the IndiaEuropean Union Free Trade Agreement FTA calling it a positive step for global trade and a strong complement to the existing IndiaEFTA Trade and Economic Partnership Agreement TEPA of which Norway is a part Ambassador Stener described the IndiaEU FTA as a very good development while noting that Norway is not a member of the EUNorway strongly supports an open and rulesbased world trade order and in that sense we see this as a very positive step she said We already have a Trade and Economic Partnership Agreement with India in the EFTA context which entered into force in October last year An EUIndia agreement would be a very good complement to thatShe noted that the EU is Norways largest trading partner and closer economic ties between India and the EU could also indirectly benefit Norway by strengthening trade flows and supplychain linkages At a time of rising global trade tensions Ambassador Stener emphasised the importance of diversified and stable partnershipsEurope is now clearly saying that India is important for us she said adding that both the EU and EFTA countries see India as a key longterm economic partner Norway is a small country with a very open economy and we have benefited greatly from free trade in our development These are good developments in that directionNotably India and EFTA signed the Trade and Economic Partnership Agreement TEPA on 10 March 2024 which took effect on 1 October 2025 marking Indias first FTA with four developed European nations TEPA commits USD 100 billion in investments and 1 million direct jobs over 15 years the first binding pledge of its kind in any Indian FTAAt its core the agreement envisions unlocking 100 billion in investments and creating one million direct jobs in India over the next fifteen years marking it as one of the most forwardlooking trade partnerships in the countrys economic historyThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever